Author: NBTC

As attention-grabbing as Bitcoin’s (BTC) rally to $100,000 and XRP’s above $2 was, various other tokens and meme coins have recorded stellar gains in 2024, with many rising well above their old highs. The original meme coin, Dogecoin (DOGE), both is and isn’t an exception to this rule. The dog-themed cryptocurrency’s yearly surge would have generated exceptional returns to any investor, albeit less than an early 2021 purchase, followed by a cashing out in May of the same year. Under the circumstances, even a relatively late DOGE investment made on January 1, 2021, would have generated a massive windfall by…

Caroline Crenshaw’s renomination to the SEC was blocked after the crypto industry campaigned against her due to her critical stance on digital assets. With her term ending soon, the industry hopes President Trump will push for crypto-friendly replacements, such as Chris Brummer or Jai Messai, in the new Congress. Caroline Crenshaw, a Democrat who is not supportive of crypto, had her reappointment to the SEC canceled. The Senate Banking Committee canceled the vote after significant pressure from the crypto industry, which urged Senate Democrats to stop her due to her negative views on cryptocurrency. Crypto industry blocks Crenshaw’s renomination Crenshaw,…

Deutsche Bank is taking its blockchain strategy forward by developing a Layer 2 network based on ZKsync technology called DAMA 2 with the help of Axellar (AXL) developer Interop Labs. The initiative, reported by Bloomberg, addresses compliance challenges in regulated finance by improving transaction efficiency and strengthening regulatory oversight over public blockchains. The project is part of Project Guardian, a blockchain-focused initiative spearheaded by the Monetary Authority of Singapore (MAS). Deutsche Bank and Interop Labs, the original developer of the Axelar Network, are collaborating on the initiative to provide secure cross-chain interoperability for financial institutions. DAMA 2 leverages Memento Blockchain’s…

Bitcoin shrank under the $100,000 psychological level after hitting a new all-time high yesterday; the Bitcoin market was liquidated to more than half of a billion dollars just in a day. The crypto market has seen massive market liquidations of up to $565 million on Bitcoin (BTC) alone, as the coin reached a new all-time high of $103,900 on Dec. 05. The total of the day’s market liquidations reached $1.09 billion, which was led by Bitcoin and followed by other crypto, including others’s $120 million, Ethereum (ETH) $107 million, and Ripple’s token (XRP) $54 million. 24 Hours Market Liquidations Map,…

Pendle Finance, a popular protocol enabling future yields’ trade and tokenization in RWAs, has announced its partnership with UsualMoney. As per Pendle Finance, the partnership targets to release the $USUALx token. The DeFi platform took to social media to share the news of this upcoming event with the community. Can’t get enough of @usualmoney? Us too!Strap in and turn on the afterburners $USUAL accumulatooors, it’s time for🚀 USUALx (27 Mar 2025) pic.twitter.com/EoekW8QId9 — Pendle (@pendle_fi) December 20, 2024 Pendle to Launch the UsualMoney-Native $USUAL Token’s Staked Version ‘$USUALx’ Pendle Finance mentioned in its recent X post that, in collaboration with…

A Consensys – YouGov 2024 Global Survey on Crypto and Web3 shows that nearly half of the world’s population has interacted with cryptocurrencies. The study that sampled 18,652 adults across Africa, the Americas, Asia, and Europe, revealed that up to 40% of people worldwide own or have bought crypto. Additionally, developed countries are trailing the emerging markets in crypto, Web3, and blockchain adoption. An excerpt of the findings reads: A majority of respondents in Nigeria (73%), South Africa (68%), the Philippines (54%), Vietnam (54%), and India (52%), either currently own or have owned cryptocurrencies in the past. On the other…

A cryptocurrency trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades. Lookonchain reported the case on December 13, which is a cautionary tale for crypto traders to avoid letting emotion dominate. In summary, the speculator deployed 495 SOL in two trades to end up with 169.5 SOL. Interestingly, SOL was changing hands by nearly $227 at the time of this trading, as shown in SolScan. Therefore, this crypto trader has effectively turned around $112,000 into $38,000…

The U.S. Securities and Exchange Commission (SEC) is currently preparing for a potential federal government shutdown, according to its recent alert. The agency has announced that it will prioritize crucial functions such as market integrity and investor protection. The agency has clarified that its internal EDGAR database system, which is used for tracking government filings, will remain operational. However, the agency will be forced to pause some non-essential operations during a potential government shutdown. On Wednesday, the House of Representatives delayed a vote on a bipartisan government funding bill, prompting concerns about a potential shutdown. With Congress plunging into chaos,…

Plume Network is partnering with Google Cloud and CloudMile to transform the real-world assets market with artificial intelligence. The full stack layer-1 blockchain seeks to redefine the RWA ecosystem and disclosed the partnership in an announcement on Dec. 20. According to the team at the L1, teaming up with Google Cloud aims at revolutionizing the onboarding process of real-world assets by tapping into artificial intelligence. In this case, Plume is set to leverage the cloud computing giant’s infrastructure to automate the appraisal of RWA projects via AI. You might also like: Ink Chain selects RedStone to power its DeFi ecosystem…

Bitcoin ($BTC) has made headlines with a surge like never before. In a record-setting move, Taker Buy Volume on Binance spiked to an unprecedented $1.1775 billion in just one hour. This is the highest figure ever recorded. The data comes from CryptoQuant analyst Maartunn, who confirmed the significant milestone. 🚨 Record-breaking #Bitcoin action!Taker Buy Volume (Binance) surges to a massive $1.1775B in just one hourly candle—the highest ever recorded. 🔥📈 pic.twitter.com/QnmtENORHh — Maartunn (@JA_Maartun) December 5, 2024 Bitcoin Reaches New All-Time High of $104,088 This has even pushed Bitcoin to new highs as seen from the graph below. It has…